Price of Refilling a 5kg Cylinder of Cooking Gas Dropped by 0.32 per cent in November - NBS

Price of Refilling a 12.5kg Cylinder of Cooking Gas Increased in June – NBS

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The National Bureau of Statistics (NBS) says the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.15%...
Petrol price, Petrol price hikes

Benue, Abia & Cross River Residents Paid Highest Petrol Price in June – NBS

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The National Bureau of Statistics (NBS) said that residents of Benue, Abia And Cross River paid the highest average price for the purchase of...
Seplat Revenue declined by 10.7% to N136bn in Q3 2020 Results Brandspurng

Seplat Energy Subsidiary Raises $50M Offtake Facility

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July 19, 2021: Seplat Energy Plc (Seplat), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London...
Oil markets Back Down As COVID Cases Surge

Uncertainty Has Overtaken Oil Markets Once Again

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July 16th, 2021 - The baseline amendment agreement between Saudi Arabia and the UAE foreshadowed a familiar path forward for the oil markets, at...
Renewable energy

Global renewable energy capacity jumps in 2020, more needed to meet climate goals: Experts

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Despite coronavirus pandemic-related impacts, which hit the global energy industry hard, renewable energy continued to grow, but renewable energy alone will be insufficient to...
NESI Nigerians May Experience Unstable Power Despite Commencement of New Electricity Tariffs

Power Distribution in Nigeria: A Gift that Keeps Giving?

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Yesterday, according to a Punch news report, Dr. Joy Ogaji, the executive secretary of the Association of Power Generating Companies of Nigeria disclosed that...
Petroleum Industry Bill (PIB) 2020 - A Game Changer?-Brand Spur Nigeria

Petroleum Industry Bill (PIB) 2020 – A Game Changer?

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The Petroleum Industry Bill (PIB) has a significant impact on the Nigeria's economy. Though the industry contributes less than 10% to the country's gross...
oil producer oil prices Energy Stocks Soar And Oil Prices Climb

Oil Prices Fall As OPEC+ Struggles For Consensus

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Friday, July 2nd, 2021 - The OPEC+ meeting resulted in some unexpected 11th-hour drama, delaying a decision that was expected on Thursday. Oil prices...
Transcorp Makes New Board Appointments, Announces New Subsidiary CEO-Brand Spur Nigeria

Transcorp Energy Plans First Nuclear Power Plants in Nigeria

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Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc, has presented an alternative energy solution (nuclear power plants) to Nigeria as part...
Transcorp and Efora Settle Legal Disputes on OPL 281

Transcorp Energy Presents Alternative Energy Solution to Nigeria

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June 30, 2021, Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc, has presented an alternative energy solution to Nigeria as part...
Nigeria Economy in 2021: Tough times, tough takes!

COVID Variant Threatens Oil Demand

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Tuesday, June 29, 2021 - Oil edged up on Tuesday after posting a loss on Monday due to demand concerns. New Covid restrictions. The spread of the Delta...
NESI Nigerians May Experience Unstable Power Despite Commencement of New Electricity Tariffs

Payment Assurance Guarantee cushions liquidity shortage in the NESI in 2020

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Since Nigeria’s Electricity Supply Industry (NESI) privatisation in 2013, a liquidity crisis has plagued the industry-leading the government to run subsidy programs continually. In Mar-2017,...